factual

Which exhibits attached to the Floyds 99 Disclosure Document are franchise-related contracts?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

[Item 22: CONTRACTS]

EXHIBITS

  • I. Addendum to Franchise Agreement
  • II. Guaranty and Assumption of Franchisee's Obligations
  • III. Statement of Ownership
  • IV. Electronic Funds Transfer Authorization
  • V. Permit, License and Construction Certification
  • VI. Consent to Option

FLOYD'S 99 FRANCHISING, LLC FRANCHISE AGREEMENT

THIS AGREEMENT (the "Agreement") is made this day of, 20, by and between FLOYD'S 99 FRANCHISING, LLC, a Colorado limited liability company, located at 7900 E. Berry Place, Greenwood Village, CO 80111 (the "Franchisor") and located at (the "Franchisee"), who, on the basis of the following understandings and agreements, agree as follows:

1. PURPOSE

  • 1.1 The Franchisor has developed methods for establishing and operating franchises for the operation of retail hair care businesses ("FLOYD'S 99 Shops" or "Barbershops") which use the service mark "FLOYD'S 99" and related service marks, trade names and trademarks ("Marks") and the Franchisor's proprietary methods of doing business ("Licensed Methods").
  • 1.2 The Franchisor grants the right to others to develop and operate FLOYD'S 99 Shops, under the Marks and pursuant to the Licensed Methods.
  • 1.3 The Franchisee desires to establish a FLOYD'S 99 Shop at a location identified herein or to be later identified, and the Franchisor desires to grant the Franchisee the right to operate a FLOYD'S 99 Shop at such location under the terms and conditions which are contained in this Agreement.

2. GRANT OF FRANCHISE


[Item 22: CONTRACTS]

EXHIBIT C

(TO DISCLOSURE DOCUMENT)

FLOYD'S 99 FRANCHISING, LLC FRANCHISE AGREEMENT


EXHIBIT I TO FRANCHISE AGREEMENT

ADDENDUM TO FLOYD'S 99 FRANCHISING, LLC FRANCHISE AGREEMENT

  1. Franchised Location. The "Franchised Location," set forth in Section 3.1 of the Agreement shall be:; OR Designated Area. The Franchisor and the Franchisee acknowledge that the Franchised Location cannot be designated in Section 1 above as a specific address because the location has not been selected and approved; therefore, within 90 days following the date of the Agreement, the Franchisee shall choose and acquire an approved location for its FLOYD'S 99 Shop within the following geographic area ("Designated Area"): 2. Agreement shall be Protected Territory. described as The "Protected Territory" referred to in Section 3.2 of the 3. Initial Franchise Fee. The Franchisee shall pay to the Franchisor an initial franchise fee of $, due and payable in the manner set forth in Section 4.1 of the Agreement. 4. based on its own independent investigation of the suitability of the site. Acknowledgement. By executing this Exhibit and/or the Rider hereto, the Franchisee acknowledges that the Franchisor's approval of a site does not constitute a representation or warranty of any kind, express or implied, as to the suitability of the site for a FLOYD'S 99 Shop or for any other purpose and that the Franchisee's acceptance of a franchise for the operation of a FLOYD'S 99 Shop at the site is Fully executed this day of, 20 FLOYD'S 99 FRANCHISING, LLC

EXHIBIT I-1 TO FRANCHISE AGREEMENT

RIDER TO ADDENDUM - LOCATION APPROVAL


EXHIBIT IV TO FRANCHISE AGREEMENT

ELECTRONIC FUNDS TRANSFER AUTHORIZATION

The undersigned depositor ("Franchisee") agrees to electronic funds transfer from Franchisee's account designated below to the designated account(s) of Floyd's 99 Franchising, LLC ("Franchisor") for payment of Royalties, National Marketing Contributions, and other obligations owed to Franchisor related to Franchisee's FLOYD'S 99 franchise(s).

Franchisee authorizes and requests the financial institution (the "Bank") to accept the payment entries presented to the Bank by Franchisor, and to deduct them from the Franchisee's account without responsibility for the correctness of these payments.


EXHIBIT VI TO FRANCHISE AGREEMENT

CONSENT TO OPTION

The undersigned owners (who are not otherwise identified as owners in the Franchise Agreement) and their respective spouses, and the undersigned spouses of those owners identified in the Franchise Agreement, hereby consent to the provisions of Sections 18.4 and 20.3 of the Franchise Agreement and agree that any interest which he or she owns in the Franchise Agreement, in the business operated thereunder, or in Franchisee (whether a separate property interest, community property interest, joint ownership interest, or otherwise) will be subject to Franchisor's option to purchase or right of first refusal, as applicable, described in said Sections.

Name of Owner Name of Owner Signature of Owner (if applicable) Signature of Owner (if applicable) Name of Owner's Spouse Name of Owner's Spouse Signature of Owner's Spouse Signature of Owner's Spouse Name of Owner Name of Owner Signature of Owner (if applicable) Signature of Owner (if applicable) Name of Owner's Spouse Name of Owner's Spouse Signature of Owner's Spouse Signature of Owner's Spouse

EXHIBIT D (TO DISCLOSURE DOCUMENT)

AMENDMENT TO FLOYD'S 99 FRANCHISING, LLC FRANCHISE AGREEMENT (RENEWAL)


Source: Item 22 — CONTRACTS (FDD pages 57–58)

What This Means (2025 FDD)

According to Floyds 99's 2025 Franchise Disclosure Document, several exhibits are attached to the franchise agreement, representing various franchise-related contracts. These exhibits outline specific terms, agreements, and authorizations pertinent to the franchise relationship.

Exhibit C is the Floyds 99 Franchising, LLC Franchise Agreement itself, which details the core obligations, rights, and responsibilities of both the franchisor and the franchisee. Exhibit I is an addendum to this agreement, often specifying the franchised location or designated area where the Floyds 99 shop will operate. Exhibit I-1 is a rider to the addendum concerning location approval.

Further, Exhibit IV represents the Electronic Funds Transfer Authorization, enabling Floyds 99 Franchising, LLC to manage payments such as royalties and marketing contributions directly from the franchisee's account. Exhibit VI, the Consent to Option, involves the consent of owners and their spouses to the franchisor's option to purchase or right of first refusal under certain conditions. Finally, Exhibit D refers to an amendment to the franchise agreement specifically for renewals.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.